Ex Ante Allocation of Resources vs Ex Post Allocation of Resources
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Contextual Quote
"Planning is not equivalent to 'perfect' allocation of resources, nor 'scientific' allocation, nor even 'more humane' allocation. It simply means 'direct' allocation, ex ante. As such, it is the opposite of market allocation, which is ex post."
- Mandel, Ernest (1986). "In Defence of Socialist Planning" (PDF). New Left Review. 159: 5–37. Archived (PDF) from the original on 2008-05-16. [1]